JPMorgan Chase CEO: Economic recession is still the most likely outcome for the U.S. economy

According to News.bitcoin, JPMorgan CEO Jamie Dimon reiterated that an economic recession is still the most likely outcome for the U.S. economy, insisting that the possibility of a "soft landing" is only 35% to 40%. In an interview with CNBC, Jamie Dimon emphasized the ongoing uncertainty facing the market and pointed out geopolitical issues, housing, deficits, spending, quantitative tightening and elections - all these could trigger market panic. Despite his cautious stance, he admitted that the economy has performed better than expected.